How to buy Dai in Australia

Independent Reserve is the best place to buy,
sell and trade Dai.

Deposit AUD NZD USD via EFT, POLi, PayID / Osko, SWIFT
Skip to: Buy Dai, Sell Dai and Dai price.

  • 01
    Create an account on Independent Reserve
    Our sign up is fast, secure and designed to keep your data protected.
  • 02
    Verify your identity
    To secure your accounts, prevent fraud and to comply with local laws, you will need to verify your identity. It takes minutes and can be done on your mobile phone.
  • 03
    Deposit funds into your account
    You can instantly deposit funds into your account 24/7 via PayID/Osko and POLi. You can also use regular EFT bank transfer, but it will take a little longer for your money to clear.
  • 04
    Turn dollars into Dai
    Enter the amount of Dai that you would like to buy or the dollar amount you would like to spend.
  • 05
    Preview and confirm your order
    Click “preview buy order” to review your order and then “place buy order”. Once your order is complete, the Dai will be sitting in your account.
  • Accepted currencies

    Australian Dollar (AUD), New Zealand Dollar (NZD) and US Dollar (USD).
  • Ways to deposit

    Instant deposits using PayID/Osko and POLi. Bank transfer/EFT is also accepted. USD and NZD deposits are made via SWIFT
  • Buy at market price

    Buy Dai immediately at current market price.
  • Buy limit order

    Specify a price at which you would like to buy Dai. If the market drops to your desired price your order will automatically be executed.
  • AutoBuy

    You can easily create rules to automatically buy Dai when money is deposited into your account. You can schedule regular deposits to Dollar Cost Average (DCA) your Dai purchases.
  • OTC

    Make large over-the-counter (OTC) Dai trades through our VIP service desk.
  • Based in Australia

    Independent Reserve is based in Sydney, Australia and is trusted by over 150,000 customers and over 8,000 SMSFs.
  • Convenient payment methods

    You can deposit instantly using POLi or PayID/Osko, or alternatively using EFT and SWIFT.
  • Secure Exchange

    Encrypted, geo-dispersed data centres. Top tier underground vaults used to protect your Dai and data.

What is Dai?

Dai (DAI) is a decentralised stablecoin that is created and governed by MakerDAO(MKR). Dai is pegged to the US dollar on a 1:1 ratio. Unlike other USD stablecoins like USDT and USDC whose value is directly backed by USD, Dai is backed by crypto collateral like Ethereum that is publicly viewable on the Ethereum blockchain.

Buy Dai in just a few minutes

Start with as little as $10. Join over 150,000 Australian,
NZ and Global customers buying Dai today